FX.co ★ US 30-Year Mortgage Rate Holds at 6.60%

The average US 30-year fixed mortgage rate for conforming loans of $806,500 or less held steady at 6.60% in the week ending June 12, 2026, hovering near the nine-month high of 6.65% reached in May. Mortgage rates continued to follow movements in Treasury yields, as the energy shock stemming from the Middle East conflict prompted investors to abandon expectations of Federal Reserve rate cuts and instead price in the possibility of a rate hike by year-end. At the same time, mortgage applications fell 3.8%, resuming their downward trend after a brief 10.8% jump the previous week. Refinance applications declined 4.5%, while applications for home purchase mortgages slipped 3.4%.